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Exness Trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-26 16:39

Abstract:Exness Trade is a broker. The tradable instruments include FX pairs, indices, metals, shares, and crypto. The broker also provides four accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $300. Exness Trade is still risky due to its suspicious clone status.

Exness TradeReview Summary
Founded2023-09-27
Registered Country/RegionVanuatu
RegulationSuspicious Clone
Market InstrumentsFX pairs/Indices/Metals/Shares/Crypto
Demo Account✅
LeverageUp to 1:500
SpreadAs low as 0.3 pips
Trading PlatformAllpips/MT4(IOS/Laptop/PC/Linux/Android)
Min Deposit$300
Customer SupportEmail: info@ex-nesstrade.com
Live chat

Exness Trade Information

  Exness Trade is a broker. The tradable instruments include FX pairs, indices, metals, shares, and crypto. The broker also provides four accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $300. Exness Trade is still risky due to its suspicious clone status.

Exness Trade Information

Pros and Cons

Pros Cons
Leverage up to 1:500Suspicious Clone
24/7 customer supportInaccessible official website
MT4 availableUnclear swap fee
Spread as low as 0.3 pipsUnspecific transfer time and fee information
Demo account available
Various tradable instruments

Is Exness Trade Legit?

  Exness Trade is regulated by VFSC with license number 700546, but the current status is 'suspicious clone'.

Is Exness Trade Legit?
Is Exness Trade Legit?

What Can I Trade on Exness Trade?

  Exness Trade offers a wide range of market instruments, including FX pairs, indices, metals, shares, and crypto.

Tradable Instruments Supported
FX pairs✔
Metals✔
Indices✔
Shares✔
Crypto✔
Stocks❌
Commodities❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Exness Trade?

Account Type

  Exness Trade has four account types: flat, crypto, cent, and standard. Traders who want low spreads can choose flat and crypto accounts, while those with a sufficient budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.

Account Type FlatCryptoCentStandard
First Deposit300 USD/EUR400 USD500 USD/EUR1000 USD/EUR
Typical Spreads0.040.042.01.2
Min. Volume lots0.010.010.010.01
Max. Leverage1:5001:5001:5001:500

Exness Trade Fees

  The spread is as low as 0.3 pips and 0% commission. The lower the spread, the faster the liquidity.

Leverage

  The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

  Exness Trade cooperates with the authoritative MT4 trading platform available in IOS, Laptop, PC, and Android to trade. Besides, it offers a propriety Allpips trading platform available in IOS, Laptop, PC, and Android Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported Available Devices Suitable for
Allpips✔IOS/Laptop/PC/Linux/Android-
MT4✔IOS/Laptop/PC/AndroidExperienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

  The minimum deposit is $300. Exness Trade accepts Visa, Mastercard, Tether, Bitcoin, and Ethereum for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

  

Related broker

Unverified
Exness Trade
Company name:Exness Trade MKTLimited
Score
1.32
Website:https://ex-nesstrade.live/fxtrade/index-2.html
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.32

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